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Monday, 25 May 09
MMTC TO IMPORT 12.5 MN TN COAL FOR NTPC
India's State-run trading firm MMTC Ltd will import 12.5 million tonnes of coal this fiscal for the country’s largest power producer, NTPC. MMTC has invited bids for purchasing coal to meet the requirements of the power major.
The bids would have to be submitted by June 4 and would be evaluated the same day, MMTC said on its website. According to the Central Vigilance Commission guidelines, the bid would be split in the ratio of 60:40 considering the nature of the fuel. Thus, the lowest bidder would supply 60 per cent of the quality and remaining 40 per cent would be purchased from the second lowest, the trading firm said.
Besides importing coal, the successful bidders would be responsible for making all arrangements for delivering the dry fuel at NTPC’s thermal power stations. The power company would only arrange for unloading of coal from railway wagons at their electricity generation plants, it said.
During this fiscal, NTPC requires close to 150 million tonnes of coal. Since the imported coal has a higher calorific value, the 12.5 million tonnes of dry fuel would meet around 20 million tonnes of fuel demand of NTPC.
Coal India Limited and its subsidiaries would meet the remaining requirement of about 130 million tonnes for NTPC during this fiscal. NTPC had set a target of importing 8.2 million tonnes of coal. It revised coal import target upwards to 12.5 million tonnes for this fiscal considering its power generation capacity addition of about 3,000 Mw this financial year.
NTPC had imported nearly 5 million tonnes of coal of the targeted 8.2 million tonnes during 2008-09 for meeting its requirement of 125 million tonnes. NTPC would commission two units of its Dadri thermal power station in Uttar Pradesh, one unit each in Sipat (Chhattisgarh), Korba (Chhattisgarh) and Aravalli (Jhajjar, Haryana) in 2009-10. Presently, NTPC has installed power generation capacity of around 30,000 Mw in the country.
Source: Ship Chartering
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Thursday, 04 June 09
CHINA QINHUANGDAO COAL STOCK JUMPS BY 36.2% MOM - STEELGURU
SteelGuru reported that, Sources indicated that, coal stock at Qinhuangdao port, China's major coal port has reached 4.88 million tonnes increasing ...
Thursday, 04 June 09
ASIA COAL - PRICES RISE TO 31/2 MTH HIGH ON OIL, ECONOMY - INTERACTIVE INVESTOR
Interactive Investor reported that, Prices of power-station coal from Australia, a benchmark for Asia, rose to a three-and-a-half-month high of over ...
Thursday, 04 June 09
PTT: RESTRUCTURING BUSINESS, DIVERSIFYING INTO COAL - EASYBOURSE
Thailand's largest energy conglomerate, PTT PCL (PTT.TH), will diversify into coal as part of its business restructuring, Senior Executive Vice Pre ...
Thursday, 04 June 09
ADARO SECURES THREE NEW CONTRACTS, SAYS OUTLOOK POSITIVE - THE JAKARTA POST
Publicly listed PT Adaro Energy, the country's second largest coal miner, announced Wednesday it had secured three new coal contracts from buyers f ...
Wednesday, 03 June 09
XSTRATA, KOMIPO AGREE SOME '09 COAL TONNAGE AT $63/T- REUTERS
South Korean utility Korea Midland Power Co (KOMIPO) has agreed to buy part of its 2009 term contract tonnage from Xstrata's coal unit at about $63 ...
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- McConnell Dowell - Australia
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- The University of Queensland
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- Bangladesh Power Developement Board
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- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Kohat Cement Company Ltd. - Pakistan
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- Coal and Oil Company - UAE
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- Tamil Nadu electricity Board
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- MS Steel International - UAE
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- Commonwealth Bank - Australia
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- PowerSource Philippines DevCo
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- Africa Commodities Group - South Africa
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- Romanian Commodities Exchange
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- Wilmar Investment Holdings
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- AsiaOL BioFuels Corp., Philippines
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Sojitz Corporation - Japan
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- Bhatia International Limited - India
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- Leighton Contractors Pty Ltd - Australia
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- Energy Development Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
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- Indonesian Coal Mining Association
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- Economic Council, Georgia
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- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
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- Chamber of Mines of South Africa
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- The State Trading Corporation of India Ltd
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- Samtan Co., Ltd - South Korea
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- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
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- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Videocon Industries ltd - India
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- GN Power Mariveles Coal Plant, Philippines
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- VISA Power Limited - India
- Singapore Mercantile Exchange
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